Chef's editorials

Why Is One of the World’s Fastest-Growing Tech Companies Expanding into CEE?

by
Jakob Ulrych
June 24, 2025
Deel made its first on-the-ground appearance in Bulgaria, spotlighting the region’s growing role in global AI hiring.

As global demand for artificial intelligence (AI) talent continues to soar, Central and Eastern Europe (CEE) is attracting renewed interest – not only from investors but also from infrastructure players enabling distributed work at scale. Among them is Deel, the global payroll and HR platform valued at over $12 billion. At the beginning of June, the company made its first appearance in Sofia, Bulgaria, signaling a more intentional entry into the CEE tech ecosystem.

For Deel, which serves over 35,000 customers in 150+ countries and achieved a $1 billion run rate in just 5 years, CEE represents a rare opportunity in an increasingly saturated global landscape: significant untapped potential and an urgent need to build internationally distributed teams.

 

AI Demand Is Reshaping Global Hiring Patterns

At Digitalk AI 2025, Deel presented exclusive data from its platform highlighting the acceleration in AI-related hiring. Over the past year (1) AI and data roles facilitated through Deel increased by 60% year-over-year, (2) The number of organizations hiring for AI positions rose by 59%, (3) Senior roles such as “Head of AI” and “Director of AI” tripled in volume globally and (4) In just the first two months of 2025, Deel facilitated more AI-related contracts than in all of 2023.

While the United States continues to lead in AI hiring volumes, Deel pointed to emerging growth centers such as Canada, India, and key European regions – including CEE – as critical players in the evolving AI talent landscape.

 

CEE Startups Are Scaling, but Complexity Remains

Ivan Valev, who leads Deel’s expansion in CEE, emphasized the pace at which regional startups are building global-facing teams. “Speed is the main driver for growth,” says Valev. “Startups know this – you can’t afford to slow down.”

From fintech innovators in Romania to SaaS scaleups in Bulgaria and the Czech Republic, startups are increasingly hiring across borders – something that was an operational challenge just a few years ago. However, regulatory complexity, varying tax codes, and inconsistent legal infrastructure across CEE continue to hinder seamless cross-border hiring.

Deel’s platform aims to minimize that friction, allowing companies to hire full-time employees or contractors in over 150 countries without setting up local entities. For CEE startups looking to onboard talent in Toronto or São Paulo – or for global companies hoping to tap engineers in Sofia – the value proposition is operational clarity and speed.

 

From Outsourcing to Global Building

Historically, CEE has been viewed as a source of outsourced technical labor for Western companies. That perception is shifting.

Today, founders across the region are building product-driven companies and assembling international teams to power global growth. Deel’s expansion is a testament to this transformation—from a region of service providers to one of global innovators.

“AI is still early. Not everyone is an expert, but everyone is hiring. The companies that move fastest now will define the next few years.”

Subscribe to our newsletter

Join our newsletter to get the best hottest startup tapas.

Popular posts

The Delaware of Europe? Why 85% of Founders are Ready to Ditch Local Laws for the EU Inc

April 29, 2026

“ViennaUP is a one-stop-shop for regional startups ready to scale” says Gabriele Tatzberger from VBA

May 6, 2026

Czech Fintech Patron GO Raises €2M to Build AI-Driven Financial “Autopilot” and Expand to Germany

April 2, 2026

Related posts

ViennaUP 2026, a decentralized startup festival initiated by the Vienna Business Agency, is scheduled to take place from May 18 to May 22, 2026. A dedicated “WarmUP” weekend will precede the main festival from May 15 to May 17, 2026. We sat down with Gabriele Tatzberger, Director of Startups and Founders from Vienna Business Agency. Enjoy our conversation.
by
Jakob Ulrych
Europe has never had a talent problem. We produce world-class STEM graduates at a rate that rivals the United States, and our startups-per-capita numbers are neck-and-neck with Silicon Valley. Yet, for decades, we have suffered from a “legal friction” that acts as a gravity well, pulling our most successful companies across the Atlantic.
by
Alisa Mazepina
DYPE is a Czech success story: a small startup that made it big both here and in the United States. Now, the company is looking to make it happen a second time with a new startup, as well as trying to help others emulate its success; I chatted with Marián Tomko, DYPE’s director, at the Opero coworking space to find out more.
by
Fergus O'Sullivan
Six months after launch, Edge Hound has 6,000+ users, a live institutional offering, and a clear vision: every investor will have AI — the ones who win will have better interpretation.
by
Collaborative Post